Features :

• *3 key steps to any successful options investment
• *Learning to "think" like an options investor, The primary principles of time decay
• *Using options to "invest" - rather than for pure speculation
• *Understanding "delta" and its affect on option pricing
• *Planning ahead: Preparing an exit strategy for every trade,The importance of taking a loss when your strategy goes bad

Editor Reviews :

Product Description:
The CBOE's top options trainer, James Bittman, introduces first-timers and fledgling traders to the exciting options arena. Bittman explains in concise, step-by-step terms exactly how options work, providing clear explanations and examples of the most common - and valuable - option strategies. You'll discover how to develop a solid options trading plan - and tailor it to your own goals and risk limitations. Learn what it takes to start trading options profitably with the critical "two D's" -- discipline and decision making. Other revealing insights include the 3 key steps to any successful options investment and learning to "think" like an options investor. With Bittman's basic strategies, this comprehensive video-and its complete online support materials - your entry into the options market will be far more focused and effective.

Rating : - A little pricey for a basic options introduction.
I'm not sure that this type of brief introduction should cost more than about $20. It was simply a taped seminar and very simple concepts that, in my opinion, could have been handled in a 10 page pamphlet.

The Chicago Board of Options Exchange (CBOE) website has free computer-aided training that is probably more useful (http://www.cboe.com/LearnCenter/default.aspx). Again, that is my personal opinion based upon having spent several months now looking for information and training on options.

On the positive side, I enjoyed the instructor. He seemed very knowledgeable and I would recommend future DVD courses from him and others if they were in the less than $20 range. I also purchased "High Impact Options Trading" from the same producers and will review it separately but my opinion is about the same for it.